Park Towne News & Notes
Joe
Development News for the Weeks of: 9/30/2017 - 10/20/2017     


 
Madison and partners can create a $38.3 million sports complex with indoor and outdoor fields and parking on 74 acres on the Southeast Side that will turn a profit and boost the economy, according to a new report prepared for the Madison Area Sports Commission.
-Wisconsin State Journal


A feasibility report shows that the city and partners could build a profitable regional sports complex.
-The Cap Times


The efforts, which will help create 109 affordable units in one new project and recommit to another 177 low-cost units, including 58 for the homeless, in three others.
-Wisconsin State Journal


Mayor Paul Soglin and City Council members are proposing to accept a staff recommendation to choose Freewheel Community Bike Shop to run the bicycle center in Judge Doyle Square.
-Wisconsin State Journal
 
 
A high number of hotel and big apartment owners are contesting dramatic spikes in property values this year - some with increases over 100 percent.
-Wisconsin State Journal
 
 
Years in the making, Olbrich Botanical Gardens is preparing for a $10 million expansion that will provide new educational, greenhouse and office spaces at one of the city's most popular destinations.
-Wisconsin State Journal  
 
 
Urban Land Interests is proposing to demolish the Associated Bank building, 1720 Monroe St., for new construction that would offer 16,000 square feet of first-floor retail space topped by up to 68 apartments.
-Wisconsin State Journal 
 
 
MadREP says it is pitching several sites in Madison and suburban communities as a joint option to house what could amount to 50,000 jobs.
-Wisconsin State Journal  


Exact Sciences is expected to announce within the next few weeks that it has chosen the former Spectrum Brands site for its second Cologuard processing lab - a $57.3 million project.
-Wisconsin State Journal   


The Taiwanese electronics manufacturer says, though, it does plan to collaborate with the UW Carbone Cancer Center.
-Wisconsin State Journal 
 

Reich Brothers Holdings, which has offices in Chicago, New York and Los Angeles, and buys closed factories and markets the assets, says it hopes to bring manufacturing back to the East Side site.
-Wisconsin State Journal    


Just weeks after closing its doors, the former Brennan's Market on the city's Far West Side is being eyed for a mixed-use development.
-Wisconsin State Journal 
 
   
Secondhand clothing is proving powerful on Madison's North Side. When the 22,000-square-foot Goodwill Store opened Friday to throngs of deal-seeking customers, it marked not only a rebirth for a long-vacant space in the Northside TownCenter.
-Wisconsin State Journal     


A Madison committee is mulling the closure of Yahara Hills Golf Course as a possible fix to the city's financially floundering golf operation. Selling Monona Golf Course is also under consideration.
-Wisconsin State Journal 
 

Inventure Capital LLC, of Madison, plans to build a U-shaped, five-story building with 161 units and commercial space at 131 S. Fair Oaks Ave.
-Wisconsin State Journal


The university is concerned how the project could affect its expansion plans, while the developer contends it'll be a benefit by providing student housing near the campus. 
-Wisconsin State Journal

 
The city bought the property for an estimated $1.1 million from the United States Department of Defense in 2012 and is looking to sell it to to the property's adjacent neighbors.
-The Cap Times
 
 
Carbon, a 90-unit mixed-income apartment complex, is the second phase of the Union Corners development along East Washington Avenue.
-The Cap Times

Around the State and Points Elsewhere  


HIGH-END HOTEL PITCHED TO REUSE EMPTY MAYFAIR OFFICE BUILDING; DEVELOPERS SEEK CITY CASH
 
A high-end hotel is being pitched to redevelop an empty office building at Mayfair mall - a site where Wauwatosa officials earlier opposed plans to raze the building for two chain restaurants.
-Milwaukee Journal Sentinel
 
 
A high-end Port Washington housing development centered around a vineyard and winery is proceeding after a long delay.
-Milwaukee Journal Sentinel 
 
 
A $15.6 million Milwaukee development that would combine a new King Drive library with apartments is close to obtaining its financing, with a possible spring 2018 construction start.
-Milwaukee Journal Sentinel  
 
 
It isn't just Zilber Ltd.'s involvement with a charitable foundation, named for the company's founder, that underscores its community-supporting activities.  
 
A $2 million effort to redevelop buildings on Milwaukee's near west side is seeking funds from a local nonprofit business lender.  
-Milwaukee Journal Sentinel 
 
 
A plan to create two Mequon craft breweries and other commercial buildings, as well as housing, has received its first city approvals. 
-Milwaukee Journal Sentinel
   
 
An extended-stay hotel chain that has faced roadblocks in its attempts to enter the Milwaukee area apparently is getting its first location on the city's far south side. 

A group of nonprofit and business leaders are launching a campaign to redevelop central city commercial districts near downtown Milwaukee. 
-Milwaukee Journal Sentinel
 
 
Southeastern Wisconsin's long-shot pitch to land Amazon.com Inc.'s second headquarters will extend beyond Milwaukee to the larger area.
-Milwaukee Journal Sentinel
 
 
A harbor front RiverWalk connecting to a park, and a mix of light industrial buildings, offices and housing, are among the future uses envisioned in a new plan that would dramatically transform Milwaukee's port area.  
-Milwaukee Journal Sentinel 
 
 
A five-story, 170-room hotel would connect to a city-owned conference center under a new proposal that would redevelop part of Brookfield Square mall. 
-Milwaukee Journal Sentinel  
 
 
A three-story building with street-level commercial space and upper-floor affordable apartments is being proposed in St. Francis at its former City Hall site.
-Milwaukee Journal Sentinel   
 
 
Two more former Milwaukee Public Schools are to be converted to apartments - proposals made possible after a state law that hampered such projects expired. 
-Milwaukee Journal Sentinel